Transaction in Own Shares • Oct 20, 2023
Transaction in Own Shares
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TKH Group N.V. ("TKH") today reports that it has repurchased 60,828 of its own depositary receipts of shares in the period from October 13, 2023 up to and including October 19, 2023, for an amount of € 2,203,441 and at an average share price of € 36.22.
These repurchases takes place within the framework of the share buyback program, as communicated on September 29, 2023 for an amount of € 25 million.
The intention is to execute the program within a period of four months, within the conditions set by the General Meeting of Shareholders, with a maximum purchasing volume of 20% of the daily trading volume. TKH has engaged an intermediary to repurchase the TKH shares in the open market, during open and closed periods, independent of TKH.
TKH publishes on a weekly basis every Thursday, an overview of the progress of the program on its website: https://www.tkhgroup.com/en/investors/sharebuybackoctober2023/
Haaksbergen, October 19, 2023
For further information: Jacqueline Lenterman Investor Relations [email protected] Tel: +31(0)53 5732901
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TKH Group NV (TKH) is a leading technology company. We specialize in the development of innovative, client-centric systems that drive success in automation, digitalization, and electrification.
By integrating hardware, software, and customer-focused insight, our smart technologies provide unique answers to client challenges. In doing so, we work to make the world better by creating ever more efficient and more sustainable systems.
Our more than 7,000 employees pursue sustainable growth in a culture of entrepreneurship, working closely with customers to create one-stop-shop, plug-and-play innovations for Smart Vision, Smart Manufacturing, and Smart Connectivity technology.
Listed on Euronext Amsterdam (TICKER: TWEKA), we operate globally and focus our growth across Europe, North America, and Asia.
For further information, please visit www.tkhgroup.com.
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